On July 13, the German state of Saxony completed the sale of 50,000 BTC seized from the movie piracy site movie2k, generating around $2.87 billion. Compared to the acquisition cost of $2.13 billion in January, they made a profit of over $740 million. However, driven by the assassination of former US President Donald Trump, the price of Bitcoin soared by 16.55% immediately after the sale, which also improved his chances of re-election in November. Theoretically, the sale of 50,000 BTC in March co...
Prosecutors applied for an arrest warrant for Kim Sang-chul, Hancom's chairperson, on suspicion of conspiring with executives of the subsidiary to use virtual assets worth about 9.60 billion won without authorization. Before this, the police had applied for an arrest warrant for the chairperson of Hancom on the 11th of this month. Kim Sang-chul is suspected of leading the entire case of KimMo (35), an internal director of Hancom With, using "Arowana Token", a cryptocurrency in which Hancom With,...